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525 North Monroe Avenue

525 North Monroe Avenue, Lindenhurst, NY 11757
Property in Lindenhurst
Sold Oct 25, 2016
$290,000
$261,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2045
Local assessors in Lindenhurst, NY have categorized 525 North Monroe Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 525 North Monroe Avenue has a total of 1,072 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 525 North Monroe Avenue sold most recently in Nov 5, 2015 for a total of $290,000. If you work out the math, that's approximately a cost of $270.52 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,977 in taxes each year. 525 North Monroe Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,430. If we break it down further, the land itself was valued at $150. Improvements to the property, however, were assessed at a total of $2,280. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FILED MAP 155 SEC 2 BLK 91 LOTS 38-39

Ownership

  • Current Owner : ANDRADE KATIA
  • Current Owner 2: HOFER BRIANA
  • Previous Owner : SIERRA DIANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lindenhurst Union Free School District
  • School Tax School District: LINDENHURST
  • Census Tract: 124001

Geography

  • Account Number: 20230512570
  • District: 0103-0
  • Section: 4.00
  • Parcel: 0103-004.00-01.00-024.000
  • Block: 1
  • Lot: 24.000
  • Municipality: BABYLON
  • Latitude: 40.7008
  • Longitude: -73.3675

    Address

  • Full Address: 525 N Monroe Ave
  • Address - House Number: 525
  • Street Direction: N
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lindenhurst
  • Carrier Code: C027
  • 4-Digit Zip Code: 3537
  • Zip Code: 11757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,977
  • Tax Rate Code Area: 472004

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 524,816
  • High Value: 655,091
  • Low Value: 394,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Loan Amount: $261,000
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $225,000
  • Market Land Value: $13,889
  • Market Improvement Value: $211,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,430
  • Assessed Land Value: $150
  • Assessed Improvements Value: $2,280

    Sales

  • Current Sale Contract Date: Nov 05, 2015
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1938125608
  • Current Sale Price: $290,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

About Lindenhurst



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Frequently Asked Questions

What neighborhood is 525 North Monroe Avenue located in?
The 525 North Monroe Avenue is a located in the neighborhood of Lindenhurst in Lindenhurst, Lindenhurst.
What is the average sales price for listings in 525 North Monroe Avenue?
The average sales price for units in 525 North Monroe Avenue is $0 currently.

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